This position is based at our EIB office in Madrid, Spain and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.
The EIB, the European Union's bank, is seeking to recruit for its Operations Directorate (OPS) – Equity, Growth Capital and Project Finance Department (EGPF) – Project Finance West Division (EGPF 4) – Iberia & MA Unit (IBMA), at its EIB office in Madrid, Spain: TRAINEE
Duration: 5 months (fixed start date: 1 st March/April 2025)
Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries that have been officially granted candidate status to join the EU, can be considered (Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Turkey and Ukraine).
Please note that applications from students under the Erasmus+ programme cannot be considered.
Please note that you are requested to limit your applications to a maximum of three traineeship publications. We will only consider and retain the first three applications submitted.

Objective of the traineeship

The Project Finance West Division (EGPF 4) is in charge of structuring Project Finance operations in countries such as Spain, Portugal, Italy and other Western and Southern European countries. The team is at the forefront of financing energy and infrastructure projects in these markets.
The objective of the traineeship is to provide a solid, hands-on learning experience by supporting front office staff on the significant infrastructure and energy investments happening in the region, in particular in the Iberian Peninsula. This would provide an opportunity for the successful applicant to take a first step into the infrastructure and energy finance community as well as to develop an understanding of how the EIB uses private sector instruments to accomplish public policy goals.

Responsibilities

Under the supervision of the Head of Unit, you will actively participate in the team’s core activities by supporting the local Loan Officers, in particular for financial analysis:

• Review of project and financial documents;
  
• Fill-in financial spreadsheets, work on financial models and credit reviews;
  
• Assist in filling-in certain internal approval documents with information already available;
  
• Assist in cross-checking consistency and formatting of internal documents.
  

You will also participate in the preparation of sector studies (energy, infrastructure, telecom), including emerging sub-sectors (HGreen H2, Critical Raw Materials extracting and processing, Affordable Housing, Data Centre), helping to consolidate knowledge gained on precedent transactions.

Academic qualifications and professional skills

• Final year of studies or University degree in economics, finance, engineering (with finance background);
  
• Good knowledge of financial analysis, corporate finance, business planning;
  
• Knowledge of infrastructure and/or energy sectors and project finance will be a plus;
  
• General understanding of main financing products (loans, bonds, subsidies, etc.);
  
• Ability to work with certain autonomy, to respect deadlines and to deliver as per expected quality;
  
• Advanced knowledge of MS Office tools, in particular Word, Power Point and Excel;
  
• Excellent knowledge of written and spoken English, ideally complemented by fluency in Spanish and/or Portuguese.
  

Competencies

Find out more about EIB core competencies here
By applying for this position you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorized disclosure of any information or any damage to the EIB Group reputation.
We are an equal opportunities employer, who believes that diversity is good for our people and our business. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation/identity, disability or neurodiversity.
Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Traineeship Recruitment team hr_traineeship_recruitment@eib.org who will ensure that your request is handled.
Your application may be used for another campaign.
Please note that deadline for application is on the 27th November 2024.
More information on our EIB Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.htm
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